{"id":53467,"date":"2023-12-07T17:41:12","date_gmt":"2023-12-07T17:41:12","guid":{"rendered":"https:\/\/prosfunds.com\/business\/live-news-dax-retreats-from-record-high-as-european-stocks-edge-lower\/"},"modified":"2023-12-07T17:41:12","modified_gmt":"2023-12-07T17:41:12","slug":"live-news-dax-retreats-from-record-high-as-european-stocks-edge-lower","status":"publish","type":"post","link":"https:\/\/prosfunds.com\/?p=53467","title":{"rendered":"Live news: Dax retreats from record high as European stocks edge lower"},"content":{"rendered":"<div>\n<p>Chinese battery group Contemporary Amperex Technology Ltd on Thursday criticised claims its products posed security risks, following a reported move by utility firm Duke Energy to disconnect its batteries from a US Marine Corps base.<\/p>\n<p>Republican lawmakers led by Senator Marco Rubio raised concerns about the Chinese company\u2019s links to the Communist party over the weekend.<\/p>\n<p>\u201cCATL\u2019s business and products in the US do not collect, sell, or share data in any way,\u201d the company said in an emailed statement. \u201cOur products have passed rigorous safety and security reviews including those by US authorities and businesses.\u201d<\/p>\n<p>The energy storage products CATL sells to the US are not equipped with communication interfaces that enable the company to control them, it added.<\/p>\n<p>Duke Energy on Wednesday said it had disconnected large-scale batteries produced by CATL from North Carolina\u2019s Camp Lejeune, Reuters reported. <\/p>\n<p>Duke Energy on Wednesday told Reuters it had disconnected the batteries while it worked to resolve \u201csome concerns about [the] project\u201d.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.ft.com\/content\/74589618-c837-4641-a2f4-ae4c303e15b2\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese battery group Contemporary Amperex Technology Ltd on Thursday criticised claims its products posed security risks, following a reported move by utility firm Duke Energy to disconnect its batteries from a US Marine Corps base. Republican lawmakers led by Senator Marco Rubio raised concerns about the Chinese company\u2019s links to the Communist party over the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[23],"tags":[],"class_list":{"0":"post-53467","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Live news: Dax retreats from record high as European stocks edge lower | Prosfunds<\/title>\n<meta name=\"description\" content=\"Chinese battery group Contemporary Amperex Technology Ltd on Thursday criticised claims its products posed security risks, following a reported move by\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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